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    1140 E Lexington Ave.

    El Cajon, CA 92019
    • $3,600,000
    • STATUS: Active
    • ON SITE: 67 days
    • ID#: 200045436
    UPDATED: 73 min ago
    $3,600,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Located in the heart of El Cajon with strong rental demand! This property consists of 12 spacious units contained in 2 buildings totaling 11,972 Sq. Ft. situated on 2 parcels totaling 13,901 sq ft lot. The unit mix consists of (10) 2 Bedroom / 1 Bath units each 950 sq ft. and (2) 3 Bedroom / 2 Bath units each 1236 Sq. Ft. The property features 14 gated parking spaces, laundry facilities, easy landscaping and Automatic gated entry. 5 units recently remodeled w room to continue upgrading the remaining units to increase rents! Upside potential here! Plenty of off street parking as well. Amenities: None Exterior: ,

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T12:28:59.09. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Apple Financial Network, Inc.. Licensed in the State of California, USA.

    www.applefinancialnetwork.com/homes/110094190
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    1140 E Lexington Ave. El Cajon, CA 92019

    • Price: $3,600,000
    • Status: Active
    • Updated: 73 min ago
    • ID#: 200045436
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    Neighborhood:
    92019 - El Cajon
    County:
    San Diego
    Area:
    92019 - El Cajon
    Property Description
    Located in the heart of El Cajon with strong rental demand! This property consists of 12 spacious units contained in 2 buildings totaling 11,972 Sq. Ft. situated on 2 parcels totaling 13,901 sq ft lot. The unit mix consists of (10) 2 Bedroom / 1 Bath units each 950 sq ft. and (2) 3 Bedroom / 2 Bath units each 1236 Sq. Ft. The property features 14 gated parking spaces, laundry facilities, easy landscaping and Automatic gated entry. 5 units recently remodeled w room to continue upgrading the remaining units to increase rents! Upside potential here! Plenty of off street parking as well. Amenities: None Exterior: ,
    Exterior Features

    Construction Materials Stucco Lot Size Units Square Feet Roof Composition

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

    Property Features

    Cap Rate 4.06 Country Us Gross Scheduled Income 225780.00 Operating Expense 77472.60 Property Sub Type Commercial/Residential Total Expenses 41112.60 Total Monthly Rent 18815 Zoning R-3:Restri

    Listing provided courtesy of Mike Aon of Realty Executives Dillon


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T12:28:59.09. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Apple Financial Network, Inc.. Licensed in the State of California, USA.

     
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